Friday, May 22, 2009

Deutsche Bank Transfers Tech Team to Renewables

From the Wall Street Journal:

Deutsche Bank AG has transferred its European technology-coverage team into a new, broader renewable-energy unit in the latest example of banks in Europe basing their business on the biggest, most lucrative sectors in response to the downturn.

Charles Bryant, previously a managing director in the technology group, has taken the new title of global head of renewable energy, a Deutsche spokeswoman confirmed. The new renewables team will cover the previous technology group's clients, as well as other companies across the renewable energy sector such as solar energy companies, many of which rely heavily on technology....MORE